1.
S.A. (corporation)
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S. A. designates a type of corporation in countries that mostly employ civil law. Depending on language, it means anonymous company, anonymous partnership, or share company and it is different from partnerships and private limited companies. Originally, shareholders could be anonymous and collect dividends by surrendering coupons attached to their share certificates. Dividends were therefore paid to whoever held the certificate, share certificates could be transferred privately, and therefore the management of the company would not necessarily know who owned its shares. Nowadays, shareholders of S. A. s are not anonymous, though shares can still be held by holding companies, S. A. شركة مساهة عامة ذات مسؤولية محدودة (ش. ذ. م. شركة مساهمة مصرية (ش. م
2.
Ticker symbol
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A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of letters, numbers or a combination of both, ticker symbol refers to the symbols that were printed on the ticker tape of a ticker tape machine. Stock symbols are unique identifiers assigned to each security traded on a particular market, for example, AAPL is for Apple Inc. OODH is for Orion DHC, Inc. and HD is for Home Depot, a stock symbol can consist of letters, numbers, or a combination of both, and is a way to uniquely identify that stock. The symbols were kept as short as possible to reduce the number of characters that had to be printed on the ticker tape, the allocation of symbols and formatting convention is specific to each stock exchange. In the US, for example, stock tickers are typically between 1 and 4 letters and represent the name where possible. In Europe, most exchanges use three-letter codes, for example Dutch consumer goods company Unilever traded on the Amsterdam Euronext exchange has the symbol UNA, while in Asia, numbers are often used as stock tickers to avoid issues for international investors when using non-Latin scripts. For example, the bank HSBCs stock traded on the Hong Kong Stock Exchange has the ticker symbol 0005, symbols sometimes change to reflect mergers. Prior to the 1999 merger with Mobil Oil, Exxon used a spelling of the company XON as its ticker symbol. The symbol of the firm after the merger was XOM, symbols are sometimes reused, in the US the single-letter symbols are particularly sought after as vanity symbols. For example, since Mar 2008 Visa Inc. has used the symbol V that had previously used by Vivendi which had delisted. To fully qualify a stock, both the ticker and the exchange or country of listing needs to be known, on many systems both must be specified to uniquely identify the security. This is often done by appending the location or exchange code to the ticker, although stock tickers identify a security, they are exchange dependent, generally limited to stocks and can change. These limitations have led to the development of other codes in financial markets to identify securities for settlement purposes, the most prevalent of these is the International Securities Identifying Number. An ISIN uniquely identifies a security and its structure is defined in ISO6166, Securities for which ISINs are issued include bonds, commercial paper, stocks, and warrants. The ISIN identifies the security, not the exchange on which it trades, for instance, Daimler AG stock trades on twenty-two different stock exchanges worldwide, and is priced in five different currencies, it has the same ISIN on each, though not the same ticker symbol. ISIN cannot specify a particular trade in this case, and another identifier, following the introduction of the Sequence trading platform in 1996, EPICs were renamed Tradable Instrument Display Mnemonics, but they are still widely referred to as EPICs. Stocks can also be identified using their SEDOL number or their ISIN, in the United States, modern letter-only ticker symbols were developed by Standard & Poors to bring a national standard to investing
3.
B3 (stock exchange)
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The BM&F BOVESPA is a stock exchange located at São Paulo, Brazil. At the end of 2011 it had a capitalization of R$2.37 Trillion. However, owing the slump in economic growth in Brazil associated with political problems, dollar vis-à-vis the Brazilian Real, the capitalization shrank to R$2.21 trillion by the end of 2015. On May 8,2008, the São Paulo Stock Exchange, the benchmark indicator of BM&FBOVESPA is the Índice Bovespa. There were 381 companies traded at Bovespa as of April 30,2008, BM&FBOVESPA also has offices in New York City, Shanghai, and London. Founded on August 23,1890 by Emilio Rangel Pestana, the Bolsa de Valores de São Paulo has had a history of services provided to the stock market. After the reforms of the financial system and the stock market implemented in 1965/1966. In 2007, the Exchange demutualized and became a for-profit company, through self-regulation, Bovespa operates under the supervision of the Comissão de Valores Mobiliários, analogous to the American SEC. Since the 1960s, it has evolved with the help of technology such as the introduction of computer-based systems, mobile phones. In 1972, Bovespa was the first Brazilian stock market to implement a system for the dissemination of information online and in real-time. At the end of the 1970s, Bovespa also introduced a trading system in Brazil. At the same time, Bovespa developed a system of fungible safekeeping, in 1990, the negotiations through the Sistema de Negociação Electrônica - CATS was simultaneously operated with the traditional system of Pregão Viva Voz. Currently, BM&FBOVESPA is an electronic exchange. In 1997, a new system of trading, known as the Mega Bolsa, was implemented successfully. The Mega Bolsa extends the potential volume of processing of information, with the goal to increase popular access to the stock markets, Bovespa introduced in 1999 the Home Broker, an internet-based trading systems that allows individual investors to trade stocks. The system enables users to buy and sell orders online. The new listing segments mostly languished until 2004, when a number of newly public companies began to list on the Novo Mercado. From 2004 to 2010, the vast majority of new listings on the Bovespa were made by Novo Mercado, Level 2 and Level 1 companies
4.
OTC Markets Group
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OTC Markets Group, is an American financial market providing price and liquidity information for almost 10,000 over-the-counter securities. The group has its headquarters in New York City, oTC-traded securities are organized into three markets to inform investors of opportunities and risks, OTCQX, OTCQB and Pink. The company was first established in 1913 as the National Quotation Bureau, for decades, the NQB reported quotations for both stocks and bonds, publishing the quotations in the paper-based Pink Sheets and Yellow Sheets respectively. The publications were named for the color of paper on which they were printed, in September 1999, the NQB introduced the real-time Electronic Quotation Service. The National Quotation Bureau changed its name to Pink Sheets LLC in 2000, the company eventually changed to its current name, OTC Markets Group, in 2010. Today, a network of over 100 broker-dealers price and trade a wide spectrum of securities on the OTC Markets platform, to be quoted on the platform, companies are not required to file with the SEC, although many choose to do so. A wide range of companies are quoted on OTC Markets, including firmly established foreign firms, in addition, many closely held, extremely small and thinly traded U. S. companies have their primary trading on the OTC Markets platform. Many foreign issuers adhere to the requirements of qualified foreign stock exchanges. Many of these issuers do not file periodic reports or make available audited financial statements, making it difficult for investors to find reliable. OTC Markets Group designates securities in one of three markets to indicate the level of financial and corporate disclosure provided by the companies using its quotation system. Apart from the OTCQX market, which has rules that include financial requirements, investors are encouraged to use caution when considering many of these companies for investment. The OTCQX market includes both multinational companies seeking access to U. S. investors and domestic growth companies, to be traded on this tier, companies must undergo a qualitative review by OTC Markets Group. Companies are not required to be registered with or reporting to the SEC, in addition, U. S. companies must be ongoing operations and may not be in bankruptcy, while foreign issuers must meet the requirements of qualified foreign exchanges. Additional oversight of OTCQX securities is provided by requiring every issuer to be sponsored by approved third-party investment banks or law firms, issuers and Designated Advisors For Disclosure for U. S. issuers. The OTCQB market contains a one penny bid price requirement intended to remove companies that are most likely to be the subject of stock fraud schemes. Investor confidence improves when there is information about a company’s ownership structure, professional advisors. International Reporting companies are allowed to upgrade from Pink to OTCQB if they publish their 12g3-2 compliant disclosure online. There is a fee for the OTCQB market of $10,000 per year
5.
Rio de Janeiro
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Rio de Janeiro, or simply Rio, is the second-most populous municipality in Brazil and the sixth-most populous in the Americas. The metropolis is anchor to the Rio de Janeiro metropolitan area, Rio de Janeiro is the capital of the state of Rio de Janeiro, Brazils third-most populous state. Part of the city has designated as a World Heritage Site, named Rio de Janeiro. Founded in 1565 by the Portuguese, the city was initially the seat of the Captaincy of Rio de Janeiro, later, in 1763, it became the capital of the State of Brazil, a state of the Portuguese Empire. Rio stayed the capital of the pluricontinental Lusitanian monarchy until 1822 and this is one of the few instances in history that the capital of a colonising country officially shifted to a city in one of its colonies. Rio de Janeiro has the second largest municipal GDP in the country, the home of many universities and institutes, it is the second-largest center of research and development in Brazil, accounting for 17% of national scientific output according to 2005 data. The Maracanã Stadium held the finals of the 1950 and 2014 FIFA World Cups, the 2013 FIFA Confederations Cup, the city is divided into 33 administrative regions. Europeans first encountered Guanabara Bay on 1 January 1502, by a Portuguese expedition under explorer Gaspar de Lemos captain of a ship in Pedro Álvares Cabrals fleet, allegedly the Florentine explorer Amerigo Vespucci participated as observer at the invitation of King Manuel I in the same expedition. The region of Rio was inhabited by the Tupi, Puri, Botocudo, in 1555, one of the islands of Guanabara Bay, now called Villegagnon Island, was occupied by 500 French colonists under the French admiral Nicolas Durand de Villegaignon. Consequently, Villegagnon built Fort Coligny on the island when attempting to establish the France Antarctique colony, Rio de Janeiro was the name of Guanabara Bay. Until early in the 18th century, the city was threatened or invaded by several, mostly French, pirates and buccaneers, such as Jean-François Duclerc, on 27 January 1763, the colonial administration in Portuguese America was moved from Salvador to Rio de Janeiro. The kingdoms capital was transferred to the city, which, thus, as there was no physical space or urban structure to accommodate hundreds of noblemen who arrived suddenly, many inhabitants were simply evicted from their homes. The first printed newspaper in Brazil, the Gazeta do Rio de Janeiro, from the colonial period until the first independent decades, Rio de Janeiro was a city of slaves. There was an influx of African slaves to Rio de Janeiro, in 1819. In 1840, the number of slaves reached 220,000 people, the Port of Rio de Janeiro was the largest port of slaves in America. As a political center of the country, Rio concentrated the political-partisan life of the Empire and it was the main stage of the abolitionist and republican movements in the last half of the 19th century. Rio continued as the capital of Brazil after 1889, when the monarchy was replaced by a republic, until the early years of the 20th century, the city was largely limited to the neighbourhood now known as the historic city centre, on the mouth of Guanabara Bay. Expansion of the city to the north and south was facilitated by the consolidation and electrification of Rios streetcar transit system after 1905, though many thought that it was just campaign rhetoric, Kubitschek managed to have Brasília built, at great cost, by 1960
6.
Brazil
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Brazil, officially the Federative Republic of Brazil, is the largest country in both South America and Latin America. As the worlds fifth-largest country by area and population, it is the largest country to have Portuguese as an official language. Its Amazon River basin includes a vast tropical forest, home to wildlife, a variety of ecological systems. This unique environmental heritage makes Brazil one of 17 megadiverse countries, Brazil was inhabited by numerous tribal nations prior to the landing in 1500 of explorer Pedro Álvares Cabral, who claimed the area for the Portuguese Empire. Brazil remained a Portuguese colony until 1808, when the capital of the empire was transferred from Lisbon to Rio de Janeiro, in 1815, the colony was elevated to the rank of kingdom upon the formation of the United Kingdom of Portugal, Brazil and the Algarves. Independence was achieved in 1822 with the creation of the Empire of Brazil, a state governed under a constitutional monarchy. The ratification of the first constitution in 1824 led to the formation of a bicameral legislature, the country became a presidential republic in 1889 following a military coup détat. An authoritarian military junta came to power in 1964 and ruled until 1985, Brazils current constitution, formulated in 1988, defines it as a democratic federal republic. The federation is composed of the union of the Federal District, the 26 states, Brazils economy is the worlds ninth-largest by nominal GDP and seventh-largest by GDP as of 2015. A member of the BRICS group, Brazil until 2010 had one of the worlds fastest growing economies, with its economic reforms giving the country new international recognition. Brazils national development bank plays an important role for the economic growth. Brazil is a member of the United Nations, the G20, BRICS, Unasul, Mercosul, Organization of American States, Organization of Ibero-American States, CPLP. Brazil is a power in Latin America and a middle power in international affairs. One of the worlds major breadbaskets, Brazil has been the largest producer of coffee for the last 150 years and it is likely that the word Brazil comes from the Portuguese word for brazilwood, a tree that once grew plentifully along the Brazilian coast. In Portuguese, brazilwood is called pau-brasil, with the word brasil commonly given the etymology red like an ember, formed from Latin brasa and the suffix -il. As brazilwood produces a red dye, it was highly valued by the European cloth industry and was the earliest commercially exploited product from Brazil. The popular appellation eclipsed and eventually supplanted the official Portuguese name, early sailors sometimes also called it the Land of Parrots. In the Guarani language, a language of Paraguay, Brazil is called Pindorama
7.
John VI of Portugal
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John VI, nicknamed the Clement, was King of the United Kingdom of Portugal, Brazil and the Algarves from 1816 to 1822. Although the United Kingdom over which he ruled ceased to exist de facto beginning in 1822, after the recognition of Brazilian independence under the Treaty of Rio de Janeiro of 1825, he continued as King of Portugal and the Algarves until his death in 1826. Under the same treaty, he became titular Emperor of Brazil for life, while his son. Born in Lisbon in 1767, the son of Maria I and Peter III of Portugal and he only became heir to the throne when his older brother José, Prince of Brazil, died of smallpox in 1788 at the age of 27. Before his accession to the Portuguese throne, John VI bore the titles Duke of Braganza and Duke of Beja, from 1799, he served as prince regent of Portugal, due to the mental illness of his mother, Queen Maria I. In 1816, he succeeded his mother as monarch of the Portuguese Empire, with no change in his authority. One of the last representatives of absolute monarchy in Europe, he lived during a turbulent period, throughout his period of rule, major powers, such as Spain, France and Great Britain, continually intervened in Portuguese affairs. His marriage was no less conflictual, as his wife, Carlota Joaquina of Spain and he lost Brazil when his son Pedro declared independence, and his other son Miguel led a rebellion that sought to depose him. According to recent scholarly research, his death may well have been caused by arsenic poisoning, João Maria José Francisco Xavier de Paula Luís António Domingos Rafael was born 13 May 1767, during the reign of his grandfather, Joseph I of Portugal. He was the son of the future Queen Maria I, Josephs daughter, and her husband. At the time of Johns birth they were, respectively, Princess of Brazil and he was ten years old when his grandfather died and his mother ascended to the throne. His childhood and youth were lived quietly, as he was a mere infante in the shadow of his elder brother José, Prince of Brazil and 14th Duke of Braganza, the heir-apparent to the throne. Folklore has John as a rather uncultured youth, but according to Jorge Pedreira e Costa, still, a French ambassador of the time painted him in unfavorable colors, seeing him as hesitant and dim. The record of this period of his life is too vague for historians to form any definitive picture, little is known of the substance of his education. He surely received instruction in religion, law, French, and etiquette, and would presumably have learned history through reading the works of Duarte Nunes de Leão and João de Barros. In 1785, Henrique de Meneses, 3rd Marquis of Louriçal, arranged a marriage between John and the Infanta Carlota Joaquina of Spain, daughter of King Charles IV of Spain, like her betrothed, Carlota was a junior member of a royal family. Fearing a new Iberian Union, some in the Portuguese court viewed the marriage to a Spanish infanta unfavorably and she endured four days of testing by the Portuguese ambassadors before the marriage pact was confirmed. Because John and Carlota were related, and because of the brides youth, after being confirmed, the marriage capitulation was signed in the throne room of the Spanish court with great pomp and with the participation of both kingdoms
US$ 53.0 billion (2017)[1]
US$ 3.3 billion (2017)[2]
Media related to Banco do Brasil at Wikimedia Commons
